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Square says Cash App generated $875 million in bitcoin revenue during Q2, posting $17 million in gross profit

Square says Cash App generated $875 million in bitcoin revenue during Q2, posting $17 million in gross profit

Square said Tuesday that it made $875 million in bitcoin revenue via its Cash App service during the second quarter of 2020.  The release — which came a day early stemming from what Square called an “early external access of the company’s quarterly financials” — also notes that Cash App generated $17 million in bitcoin …

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How Apple's COVID Policy Limited a Public Health App in Taiwan

How Apple’s COVID Policy Limited a Public Health App in Taiwan

The Taiwanese startup Bitmark, which participated in a government-sponsored hackathon in May, was unable to promote its blockchain solution due to Apple’s pandemic moderation policy.  “We were trying to essentially build a weather forecast but for public health,” said Bitmark CEO Sean Moss-Pultz. “It allowed people to volunteer their symptoms and what they are trying …

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Blockchain Experts Weigh in on Russia’s Controversial Coronavirus Tracking App

Blockchain Experts Weigh in on Russia’s Controversial Coronavirus Tracking App

Experts suggest that blockchain technology could have been a better solution for handling coronavirus-related data in Russia. Moscow’s COVID-19 App is pulled from Google Play On March 25, an app called “Social monitoring” appeared in Google Play store. According to the app’s description, it was designed for social monitoring as well as for providing access …

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IoT App Nodle Moves From Stellar Blockchain to Polkadot

IoT App Nodle Moves From Stellar Blockchain to Polkadot

Another blockchain project is heading to the Polkadot Network. Launched in 2017, Internet-of-Things (IoT) platform Nodle announced it is switching from the Stellar blockchain to Parity Technologies’ Substrate network, according to a blog post shared in advance with CoinDesk. Substrate lets teams customize their own blockchains; Nodle’s is called Arcadia. Nodle provides “last mile” support …

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